Ernst and Young

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Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead

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The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm mandated with administering Quadriga’s liquidation process, says it will not … Read more

Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%

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About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious” cash balances provided by a third party with the aim … Read more

Analysis: Using Technical Indicators to Trade Crypto in 2019

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Technical analysis (TA) has been used to trade crypto since its inception. Traders claim that through careful analysis of historical data and focus on price, volume, and related indicators it is possible to identify patterns and predict outcomes. Here are a number of key indicators and mechanics commonly used for trading crypto.  Also read: Everything You Need … Read more

Crypto Bear Market Triggers Rise in M&A Activity

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In 2018 there was a rapid decline in initial coin offerings, a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups.  Also Read: Global Cryptocurrency M&As Rise  M&A Deal Frenzy in 2018 In 2017 the number of cryptocurrency and … Read more